Property Type: Labour Camp G+3+R Leasehold, Full Rent Out

Property Details:
Plot Size: 6,700 sqft
Built-up Area: 25,200 sqft
Number of Rooms: 70 rooms
Land Lease: AED 45,000/- approx., paid to Dubai Real Estate Corporation every year
Selling Price: AED 9 million (net to owner)
ROI: 6.5%
VAT: As Applicable
Transfer Charges: AED 50,000/- to 100,000/- to the land department

Description:
Located in Jebel Ali, this labour camp offers a G+3+R structure on a leasehold basis, with a full rent-out option. The property spans a plot size of 6,700 sqft with a built-up area of 25,200 sqft, comprising 70 rooms. The annual land lease is approximately AED 45,000, payable to Dubai Real Estate Corporation. The selling price is AED 9 million (net to owner), with a return on investment (ROI) of 6.5?ditional costs include applicable VAT, agency fees (2% of the selling price), and transfer charges ranging from AED 50,000 to 100,000 to the land department.

About RVRG Real Estate:
RVRG Real Estate specializes in commercial and residential properties across the UAE, offering comprehensive real estate solutions. Our services include property sales, facilitating smooth transactions to connect sellers with qualified investors. We assist buyers and investors in identifying lucrative opportunities, providing tailored leasing solutions to maximize returns. Our market analysis guides informed decision-making, while negotiation support ensures favorable terms. Additionally, our property management services efficiently handle diverse portfolios, ensuring client satisfaction and value creation.